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Slowdown to impact outdoor advertising

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MUMBAI: The looming slowdown in the Indian advertising industry will badly hit the outdoor medium, according to media agencies who are revising their forecasts for this year.

Zenith Optimedia CEO Satayajit Sen ranks it as the third most impacted, after print and radio. “We were expecting the outdoor  space to grow at 5-10 per cent this year. But it will now post low single-digit growth. All peripheral mediums like outdoor will experience ad budget cut,” he says.

Lodestar UM COO Nandini Dias feels that outdoor and print will be the most affected ad mediums. “A number of sectors like retail, finance, and banking have pulled back advertising. Since outdoor and print have a higher CPT (cost per thousand) than TV or radio, they will be more affected. Even during the last pull back, cost effective mediums like TV were the least affected,” she says.

From the advertisers’ point of view also, the availability of other “cost effective” options with “better metrics for measuring effectiveness” may affect the growth in outdoor.

Broadcasters, who are one of the major spenders on outdoor advertising, are less bullish on splurging in hoardings than they were in earlier years. Zee Entertainment Enterprises Ltd. (Zeel) is reducing its ad spend on outdoor while increasing its exposure on digital.

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Says Zeel marketing head – national channels Akash Chawla, “If you see outdoor and billboards, it is involved in the marketing mix but that component has been going down for us since the last 3-4 years on a constant basis.”

In 2008, Zeel’s ad spend on outdoor was around 40-45 per cent of the entire marketing spend, which has fallen down to 28-31 per cent now.

“On an increasing ad budget, billboard advertising as a component has decreased. We look at hoardings from show to show perspective. In totality, ad spend on OOH is coming down. Reason being that there are lots of other options of advertising available and the metrics evaluation in the other mediums is far better. When you talk about the geographical coverage, the entire thing in outdoor is to get into smaller towns but issues like difference in printing and creative not being put up on time happen. On digital our ads spend has grown to 10 per cent from 2 per cent in 2008. How many people log on, cost per contact and pay per click help monitor the medium and get a better ROI. When it’s about BTL (below the line), we tend to do an aggressive job and that continues,” says Chawla.

UTV Broadcasting, which spends almost 20 per cent of its marketing amount on outdoors, will keep the budget at the same level.

Says UTV Broadcasting head marketing Kunal Mukherjee, “For us, it is a pretty much constant space. Outdoor is a good medium to be continuously present in smaller towns.”

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Sony Entertainment Television (Set) spends around 15 per cent of its overall marketing budget in outdoor and will keep it that way.

However, outdoor ad agencies feel that the slowdown will not be as much impacted as the other mediums.

Milestone Brandcom founder and managing director Nabendu Bhattacharyya admits that it is not a very good year for the industry. “The industry as a whole is suffering and not only the hoardings. Though Telecom does not spend like it used to earlier, it is still the highest spender on hoardings followed by BFSI and then M&E. Automotive industry is also very active and luxury cars have been utilising hoardings as a medium in a big way. In smaller markets, the major spenders are gems and jewellery, lifestyle and real estate. I see FMCG spending a lot more.”

However, he hints that the need of the hour is a 15-20 per cent discounted rate. “With a 15-20 per cent discount, it (hoardings) will be preferred over other mediums. Because the demand and supply chain will change, the clients will look at it more because it has become cheaper. Hence, outdoor will be least impacted.”

According to Posterscope MD Haresh Nayak, hoardings as a percentage to OOH‘s total revenues have fallen over the years from 80 per cent to around 50 per cent. “The demand for activation continues. Clients have been looking at malls and multiplexes activations in a big way,” he says.

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Nayak estimates the outdoor industry to grow by 10-15 per cent this year compared to 18 per cent a year ago.”It is a very localised medium. It is easy to adapt and so it gets least impacted,” says Nayak.

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Netflix India names Rekha Rane director of films and series marketing

Streaming giant bets on a seasoned marketer who helped build Amazon and Netflix into household names

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MUMBAI: Netflix has put a proven brand builder at the helm of its films and series marketing in India, naming Rekha Rane as director in a move that signals sharper focus on audience growth and cultural cut-through in one of its most hotly contested markets.

Rane steps into the role after seven years at Netflix, where she has quietly shaped how the platform sells stories to India. Her latest promotion, effective February 2026, crowns a run that spans brand, slate and product marketing across originals, licensed content and new verticals such as games.

A strategic marketing and communications professional with roughly 15 years’ experience, Rane has spent much of her career building technology-led consumer businesses and new categories, notably e-commerce and subscription video on demand. She was part of the early push that introduced Amazon.in, Prime Video and Netflix to Indian homes, then helped turn them into everyday brands.

At Netflix, she most recently served as head of brand and slate marketing for India from March 2024 to February 2026, leading teams across media and marketing for global and local content portfolios. Before that, as manager for original films and series marketing, she led IP creation and go-to-market strategy for titles including Guns and Gulaabs, Kaala Paani, The Railway Men* and The Great Indian Kapil Show, spanning both binge and weekly-release formats.

Her earlier Netflix roles covered product discovery and promotion in India and integrated campaign strategy to drive conversations around the content slate, product awareness and brand-equity metrics.

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Before Netflix, Rane logged more than three years at Amazon in brand marketing roles in Bengaluru. There she handled national and regional campaigns for Amazon.in, worked on customer assistance programmes in growth geographies and contributed to the go-to-market strategy for the launch of Prime Video India.

Her career began well away from streaming. At Reliance Brands in Mumbai, she worked on retail marketing for Diesel and Superdry. A stint at Leo Burnett saw her work on primary research for P&G Tide, mapping Indian shoppers’ paths to purchase. Earlier still, at Orange in the United Kingdom, she rose from sales assistant to store manager, running a team and owning monthly P&L for a retail outlet.

The arc is telling. As global streamers fight for attention in a crowded Indian market, executives who understand both mass retail behaviour and digital habit-building are prized. Rane’s career sits at that intersection.

For Netflix, the bet is simple: in a market spoilt for choice, sharp marketing can still tilt the screen. And with Rane now leading the charge, the streamer is signalling it wants not just viewers, but fandom.

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Orient Beverages pops the fizz with steady Q3 gains and rising profits

Kolkata-based beverage maker reports stronger revenues and profits for December quarter.

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MUMBAI: A fizzy quarter with a steady aftertaste that’s how Orient Beverages Limited, the company that manufactures and distributes packaged drinking water under the brand name Bisleri closed the December 2025 period, as the Kolkata-based drinks maker reported improved revenues and a healthy rise in profits, signalling operational stability in a competitive beverage market.

For the quarter ended December 31, 2025, Orient Beverages posted standalone revenue from operations of Rs 39.98 crore, up from Rs 36.42 crore in the previous quarter and Rs 33.53 crore in the same quarter last year. Total income for the quarter stood at Rs 42.24 crore, reflecting consistent demand and stable pricing across its beverage portfolio.

Profit before tax for the quarter came in at Rs 3.47 crore, a sharp improvement from Rs 1.31 crore in the September quarter and Rs 0.39 crore a year ago. After accounting for tax expenses of Rs 0.79 crore, the company reported a net profit of Rs 2.68 crore, nearly three times the Rs 0.99 crore recorded in the preceding quarter.

On a nine-month basis, the momentum remained intact. Revenue from operations for the period ended December 31, 2025 rose to Rs 117.66 crore, compared with Rs 106.95 crore in the corresponding period last year. Net profit for the nine months climbed to Rs 5.51 crore, more than double the Rs 2.18 crore reported in the same period of the previous financial year.

The consolidated numbers told a similar story. For the December quarter, consolidated revenue from operations stood at Rs 45.06 crore, while profit after tax came in at Rs 2.06 crore. For the nine-month period, consolidated revenue touched Rs 133.57 crore, with net profit of Rs 4.49 crore, underscoring the group’s improving profitability trajectory.

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Operating expenses remained largely controlled, with cost of materials, employee benefits and other expenses broadly aligned with revenue growth. The company continued to operate within a single reportable segment beverages simplifying its cost structure and reporting framework.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 7 February 2026. Statutory auditors carried out a limited review and reported no material misstatements in the results.

In a market where margins are often squeezed by input costs and competition, Orient Beverages’ latest numbers suggest the company has found a reliable rhythm not explosive, but steady enough to keep the fizz alive.

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Washington Post CEO exits abruptly after newsroom cuts spark backlash

Leadership change follows layoffs, protests and a bruising battle over trust.

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MUMBAI: When the presses are rolling but patience runs out, even the editor’s chair isn’t safe. The Washington Post announced on Saturday that its chief executive and publisher Will Lewis is stepping down with immediate effect, bringing a sudden end to a turbulent two-year tenure marked by financial strain, newsroom unrest and public backlash.

Lewis’s exit comes just days after the Bezos-owned newspaper announced sweeping job cuts that triggered protests outside its Washington headquarters and a wave of anger from readers and staff. While newspapers across the US are grappling with shrinking revenues and digital disruption, Lewis’s leadership had increasingly come under fire for how those pressures were handled.

The Post confirmed that Jeff D’Onofrio, a former Tumblr CEO who joined the organisation last year as chief financial officer, has taken over as CEO and publisher, effective immediately. In an email to staff, later shared by reporters on social media, Lewis said it was “the right time for me to step aside.”

The leadership change follows the announcement of large-scale redundancies earlier this week. While the Post did not officially confirm numbers, The New York Times reported that around 300 of the paper’s roughly 800 journalists were laid off. Entire teams were dismantled, including the Post’s Middle East bureau and its Kyiv-based correspondent covering the war in Ukraine.

Sports, graphics and local reporting were sharply reduced, and the paper’s daily podcast, Post Reports, was suspended. On Thursday, hundreds of journalists and supporters gathered outside the Post’s downtown office in protest, calling the cuts a blow to public-interest journalism.

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Former executive editor Marty Baron described the moment as “among the darkest days in the history of one of the world’s greatest news organisations.”

Lewis defended his record in his farewell note, saying “difficult decisions” were taken to secure the paper’s long-term future and protect its ability to publish “high-quality nonpartisan news”. But his tenure coincided with growing scrutiny of editorial independence at the Post.

Owner Jeff Bezos faced criticism for reining in the paper’s traditionally liberal editorial page and blocking an endorsement of Democratic presidential candidate Kamala Harris ahead of the 2024 US election. The move was widely seen as breaking the long-standing firewall between ownership and editorial decision-making.

According to a Wall Street Journal report, around 250,000 digital subscribers cancelled their subscriptions after the paper declined to endorse Harris. The Post reportedly lost about $100 million in 2024 as advertising and subscription revenues slid.

While the wider newspaper industry continues to battle declining print advertising and the pull of social media, some national titles have stabilised. Rivals such as The Wall Street Journal and The New York Times have managed to build sustainable digital businesses, a turnaround that has so far eluded the Post despite its billionaire backing.

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As Jeff D’Onofrio steps into the role, the challenge is stark, restore confidence inside the newsroom, win back readers who walked away, and prove that one of America’s most storied newspapers can still find its footing in a brutally competitive media landscape.

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